Programmes – Page 1037
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News
Air Maldives hit by cash shortage
Air Maldives is in serious financial trouble, having been forced late in February to suspend all international services as a result of a cash shortage. The airline grounded its international operation on 28 February, although as Airline Business closed for press it hoped to have resumed flights before the ...
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Airbus wins Chinese orders
China Northern Airlines has signed with Airbus Industrie to acquire 10 A321s. The deal concludes the allocation of the purchase package of 30 A320-family aircraft placed by China Aviation Supplies Import and Export Corporation in May 1997. Ten other aircraft from the package were allocated to China Eastern Airlines, three ...
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SAA springs surprise with Boeing decision
ROGER MAKINGS JOHANNESBURG South African Airways (SAA) has acquired 21 Boeing 737-800s, plus 21 options, raising eyebrows among observers who expected the carrier to buy Airbus A320s. SAA chief executive Coleman Andrews claims that Boeing's offer was clearly ahead on price, but some in South Africa remain suspicious over the ...
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Biman sell-off
RAVI PARSAD NEW DELHI A Citibank-led consortium is preparing a restructuring plan with the aim of attracting a strategic partner for Biman Bangladesh Airlines. British Airways and Singapore International Airlines are among those reported to be interested. The consortium consists of consultancy SH&E, legal firm Clifford Chance Wirot and ...
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When size matters
The debate over the size of market for a new very large aircraft has become similar to a poker game; until the first cards are on the table, no-one knows which way the deck will fall. During a recent briefing in Washington, Airbus Industrie's senior vice- president, commercial, John Leahy ...
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Life at the top
KAREN WALKER SINGAPORE Airbus is right to feel proud of its 1999 performance, as it overtook Boeing on new orders. But the fight to stay on top will be fierce. If Airbus Industrie's managers find the heights to which they climbed in 1999 overwhelming, they show no signs of vertigo ...
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SALE strikes deals
Singapore Aircraft Leasing Enterprise (SALE) has mandated its largest financing facility in a deal with the European Export Credit Agency (ECA). The $185 million 10-year facility will fund new deliveries of five Airbus A320s and one A321. The deal is SALE's first ECA guaranteed transaction and was arranged by Halifax, ...
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Dragonair fleet expansion challenges Cathay Pacific
Nicholas Ionides ATI SINGAPORE Hong Kong's Dragonair has confirmed a major fleet expansion in what observers say is a clear sign that the carrier intends to mount a more direct challenge to the dominance of the former colony's de facto flag carrier, Cathay Pacific Airways. China-controlled Dragonair announced details of ...
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Hungary for a change?
Tom Gill BUDAPEST With a new chief executive and new investors on the horizon, things might be looking up for Malév Ferenc Kovacs is cautiously confident. Appointed Malév's chief executive in October after 23 years with the company, he is well aware of the many false starts that the Hungarian ...
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Back to Business: Alan Mulally, president of Boeing Commercial Airplanes
For Alan Mulally, president of Boeing Commercial Airplanes Group, this is the year the company can finally put its troubles behind it with new launches, a growing services business and, above all, a renewed focus on the customer
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Soft Landing
Tom Gill and Colin Baker LONDON There are all the classic signs of a downturn in the cycle, with aircraft prices weakening and deliveries slowing, but this time it looks more like a gentle decline rather than bust When the airline industry cycle last turned down a decade ago, it ...
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767-400ER schedule set back
Guy Norris/LOS ANGELES Boeing faces a delay to its 767-400ER certification and delivery schedule in the wake of its recently resolved engineering employees' strike. Before the 40-day strike by Society for Professional Engineering Employees in Aerospace members, Boeing was on target to certificate the -400ER in April and deliver ...
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Spain set for regional battle
Andrew Doyle/GERONA Boeing is close to securing a second European airline customer for its 717 following Spanish regional start-up AB Bluestar's announcement that it intends to order six of the twinjets and take nine options. Spanish rival Air Nostrum, meanwhile, has concluded a major deal with Canada's Bombardier ...
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Carriers queue for La Guardia
Paul Lewis/WASHINGTON DC Continental Airlines and Delta Air Lines are moving quickly to claim additional slots promised for regional services at New York's La Guardia Airport as the result of newly approved Congressional legislation. Contained in the US Federal Aviation Administration reauthorisation Bill is a provision to grant ...
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JMC considers planning pact with Hapag-Lloyd for long-haul fleet
Max Kingsley-Jones/BARCELONA JMC Airlines, the newly formed UK charter carrier, expects to choose between Airbus and Boeing for its new long-haul fleet later this year after concluding its long-expected order for up to five Boeing 757-300s. The long-haul deal could signal the start of a joint fleet planning ...
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Marketplace
Air Luxor has purchased a second Lockheed L-1011 TriStar 500 from Novair, in a deal arranged by Cabot Aviation. The disposal of Novair's last TriStar 500 is being finalised. Cathay Pacific is understood to be in discussions with Boeing over acquiring the original Boeing 777-200 test aircraft which is ...
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BAE approves regional launch
Emma Kelly/LONDON BAE Systems hopes to announce the launch airline for its RJX regional jet family in the next three weeks following the formal launch of the Avro RJ derivative on 21 March. Peter Connolly, BAE Systems senior vice-president for sales and marketing, says an order for the ...
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Investigators throw light on MD-11 crash cause
Canadian accident investigators are again sifting the wreckage of the Swissair Boeing MD-11 Flight No SR111 to check whether cockpit map reading lights could have been the ignition source for the fire which brought down the aircraft, flying from New York to Geneva off Nova Scotia in September 1998. ...
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Lockheed Martin forms GPS company
Lockheed Martin has formed a new company, Synchronetics, to provide regional augmentation of the global positioning system (GPS). It plans to operate ground- and space-based augmentation systems that allow GPS to be used for air navigation. Initially, Synchronetics is targeting South America, says Dan Brophy, director of navigation services ...
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US Airways gets set to form international partnership
Ramon Lopez/TOULOUSE US Airways will become a partner in an international airline alliance in the next few months, says chairman Stephen Wolf. At the same time, the airline is gearing up for long-haul expansion with the delivery of the first of up to 30 Airbus A330-300s. Until now, ...